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Benzinga
Benzinga
Business
The Bamboo Works

Flowing Cloud Technology Files for Hong Kong IPO Amid Metaverse Frenzy

Key Takeaways:

  • Flowing Cloud started as a games developer in 2008 and launched its first AR/VR platform in 2017
  • Gains in revenue and profit have been steady but the low-margin AR/VR marketing services division could dent future margins
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